CHART: Global Tax Rates Have Been Tumbling Over The Past Decade

Personal and corporate taxes are a hot topic.  And it seems that no matter where the rate is, people will argue that it’s too high.

But relative to the recent past, tax rates are low.  Here’s a chart of the global average corporate tax rate from Deutsche Bank’s House View report:

global effective tax rateq

[credit provider=”Deutsche Bank”]

 

For more on taxes, here’s BlackRock’s table of tax revenue to GDP in the developed world:

global tax rates

[credit provider=”BlackRock” url=”https://www2.blackrock.com/us/financial-professionals/market-insight/chart-of-the-week/putting-taxes-in-global-perspective”]